We aim to make this site as accessible as possible and therefore have provided the settings below to use if you are finding it difficult to view this website. See the SFO Accessibility Statement for more information.

Where it is appropriate to provide a Welsh translation, you can switch to Cymraeg. See the Welsh Language Commissioner website for more information.

Use the settings button in the bottom right corner of the page to access these settings again.

Change to normal text size A Change to medium text size A Change to large text size A Adjust Text Size

We would like to use Analytics Cookies on our website. 

Turn these on below if you are happy with us collecting information on how our site is used, in order for us to improve the overall experience of our website. 

All other cookies are necessary and therefore by continuing to browse this website, you are agreeing to the usage of these cookies.

 See the SFO Privacy Policy for more information. 

Analytics Cookies

SFO seeks information from investors in storage pod schemes

22 May, 2017 | News Releases

12 April 2021 – Note the link to the questionnaire was removed from the press release. Investors should read the update dated 31 March for the latest message on the questionnaire.

The Serious Fraud Office has opened an investigation into the Capita Oak Pension and Henley Retirement Benefit schemes, Self-Invested Personal Pensions (SIPPS) as well as other storage pod investment schemes. The investigation includes the Westminster Pension Scheme and Trafalgar Multi Asset Fund which invested in other products.

Over a thousand individual investors are thought to have been affected by the alleged fraud, including those who invested their pension funds. The amounts invested total over £120m.

The SFO encourages members of the public who have invested in these schemes over the period 2011 to 2017 to complete a questionnaire.

Please note the SFO is unable to provide any further comment as the investigation continues.

Notes to editors

  1. The SFO’s investigation is being assisted by Project Bloom partners including the National Crime Agency and The Pensions Regulator. The Spanish authorities also assisted the investigation.
  2. Project Bloom is a multi-agency group which was set up to tackle pension liberation fraud in a co-ordinated way.
  3. Information on pension protection is available here.

Related Cases